Businessman making a deal with devil

Here is the latest M&A-related news outside our T&L industry:

-> “Chip-maker Analog poised to buy rival Maxim Integrated for more than $17 billion

MarketWatch writes that the “all-stock deal could be finalised as soon as Monday.”

It added:

“Semiconductor maker Analog Devices Inc. is in talks to buy rival Maxim Integrated Products Inc. for more than $17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter.

“Analog ADI, +0.20% and Maxim MXIM, -0.58% are discussing an all-stock deal that would value Maxim at more than its current market value of roughly $17 billion, some of the people said. A deal could be finalized as soon as Monday, though it isn’t guaranteed and discussions could still fall apart.”

–>MultiPlan to merge with Churchill Capital, go public in $11 billion deal

“MultiPlan Inc. is merging with a special purpose acquisition company in an $11 billion deal that will take the health-care-services provider public, according to people familiar with the matter,” MarketWatch reported yesterday.

“The company, currently owned by private-equity firm Hellman & Friedman, will merge with Churchill Capital Corp. III CCXX, +1.50% , a SPAC run by former Citigroup Inc. banker Michael Klein that went public in a February initial public offering, the people said.”

–> Meanwhile, you may also want to read this:Gilat rejects Comtech bid to end merger, seeks remedies“.

This: “BeiGene to raise $2.07bn in direct offering“.

This:U.S. stock futures rise amid troubling coronavirus numbers“.

This: “This Is Nuts… Again. Reducing Risk As Tech Goes 1999“.

And this:Rivian, the EV startup looking to challenge Tesla with electric pickups and SUVs, just raised another $2.5 billion in funding“.

Here is a bit of 2020 M&A background dated 9 March: “2020’s busiest Merger Monday keeps M&A alive in market rout“.

Thank you.

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